News

04
Jan
1999
New York State must move aggressively to adopt a health-care quality-measurement program that includes regular public report cards on hospitals and other health-care institutions, according to The Business Council's specialist in health-care issues
31
Dec
1998
What? Reduce the Alternative Minimum Tax (AMT) rate applied to corporations from 3.5% to 1.75% of income. The AMT limits a company's ability to utilize all of the Investment Tax Credits (ITC) it would otherwise earn through investment in plant, equipment and job growth. Why? Jobs. The AMT retards investment in New York State by manufacturers
31
Dec
1998
Let's Get in the Game In early 1995, it was revealed that the state government had promised to give over $70 million of the taxpayers' hard-earned money to a giant, highly profitable corporation from out of state. Was the reaction one of outrage? No — it was elation. The state was Virginia, the corporation was Motorola, and the deal was the announcement that the company would build a new chip-making facility outside Richmond
31
Dec
1998
Issue Areas: Construction Education Energy Environment Health Insurance Labor & Human Resources Manufacturing Small Business Taxation Unemployment Compensation Workers' Compensation To view the text of any bill mentioned below, click here and enter the bill number
31
Dec
1998
What's the bottom line? Because of a one-month crash project organized by The Business Council, some 2,506 New York employers pre-paid a total of $171,692,326.14 of their 1998 unemployment insurance taxes before the end of calendar 1997. This automatically triggered a $420 million reduction in UI tax rates
31
Dec
1998
Our wrap-up includes final action on major issues of concern to the business community. Please call or e-mail the designated Business Council staff person for further details on any of these issues or to receive copies of any legislation. Issue Areas: Business Law/General Counsel Construction Consumer Affairs Contract Procurement Economic Development Education Energy Environment Financial Services Health Insurance Labor & Human Resources Manufacturing Occupational Safety & Health Small Business State Administrative Procedures Act Taxation Transportation Unemployment Compensation Workers' Compensation To view the text of any bill mentioned below, click here and enter the bill number
10
Dec
1998
Chambers of commerce and other business groups from Buffalo, Syracuse, the Capital District, and many other parts of the state have declared their strong support for the "Upstate Agenda for Growth" proposed by The Business Council. Executives from seven prominent business groups strongly endorsed the Upstate Agenda at a press conference at the state Capitol Nov
10
Dec
1998
Business Council President Daniel B. Walsh is asking New York State businesses to consider supporting the New York Special Olympics (NYSO). Walsh has agreed to serve as chair of the development committee for the NYSO Summer Games, which will be held in Albany for the next two summers. Walsh is urging business leaders in the Capital Region and statewide to consider supporting the Special Olympics by becoming an event sponsor and/or by asking their employees to become volunteers for the Summer Games
10
Dec
1998
The transition to deregulated hospital rate-setting in New York is working as planned, so New York should continue moving toward a fully deregulated environment, according to The Business Council's specialist in health-care issues. That means that $1.38 billion in "temporary" surcharges on health-care bills should expire on schedule at the end of next year, Elliott Shaw, director of government affairs, said in a speech at a conference on health care at Pace University
30
Nov
1998
ALBANY — "Temporary" taxes totaling $1.38 billion a year that were intended to support New York State medical institutions undermine the competitiveness of New York business, make it harder for businesses to afford health insurance, and fail to deliver many of the intended benefits, according to a new report from The Public Policy Institute of New York State